Across
- 3. government document that gives permission to create a corporation
- 4. Partnership: responsibility relies only on how much each partner invested
- 6. a business owned and run by one person
- 9. separate legal entity having all rights of an individual
- 11. taxed twice, once as a corporate and again as a personal
- 12. a stock of finished goods and parts reserved so that production flows smoothly
- 13. the price paid for the use of another's money
- 15. the firm legally ceases to exist cuándo the owner dies, quits, or sells the business
- 16. a written promise to repay the amount borrowed at a later date
Down
- 1. business owned by two or more persons
- 2. court-granted permission to cease or delay payments
- 5. the owner is personally and fully responsible for all losses and debts of the business
- 7. shares are sold to these investors
- 8. ownership certificates in the firm
- 10. this is the amount borrowed
- 14. a check representing a portion of the corporate earnings